Primary Purpose: To provide financial support for the needs of Saint Mary’s Parish and Saint Mary’s Catholic School
Current Foundation Board Members: Father Brent Lingle Marilyn Nelsen John Murray Jane Kestel Brad Strader Dale Feilmeier Jeff Foell Leigh Laven Duane Miller Mike Brungardt
What is an Endowment Fund? An endowment is a permanent fund created through the donations of one or more donors. The money is invested to provide future funding for a non-profit organization. The principal is never spent, but the investment income is available for special purposes, such as renovation projects, scholarships, or general operations.
Recent Projects and Programs Supported by the Investment Income Generated Through the St. Mary’s Foundation Thanks to Past Donors:
Various liturgical vessels used for Masses
St. Michael Hymnals for the parish
A new tractor for mowing and snow removal on church/school grounds
New electronic door systems for the church and school
Tuition Assistance Scholarships
Teacher Endowment Fund
A security camera system for inside and outside of the school grounds
General operations of both the church and school
Additional WiFi access points for the school
Cell phone pouches for school students
Purchase of Chromebooks for students in grades 3-12
Contributed to the purchase of a new school bus
Examples of Ways to Give:
Direct Donations: Donate cash, stocks, bonds, or other assets.
Retirement plan/Life insurance: Name St. Mary’s as a beneficiary of a 401K or life insurance policy.
Real estate: Gift property such as a farmland or a vacation home
Donate grain: Donate crops to save on taxes.
IRA Rollovers: Use eligible charitable distributions from an IRA.
Planned giving: Create a bequest in your will or a living trust, or establish a charitable gift annuity
A Sincere Thank You to All Past Donors The St. Mary’s Foundation of Storm Lake exists because of the incredible generosity of all who have made contributions since its inception in 1978. The legacy they left behind has had a lasting impact on both the school and parish, and for that, we wish to express heartfelt appreciation to all of them. Become a Future Donor and Leave Your Legacy If you would like to donate to the St. Mary’s Foundation of Storm Lake, contact Ryan Berg – Director of Development and Alumni Outreach Email: [email protected] Phone: 712-299-2602